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The Figure Given Below Shows the Macroeconomic Equilibrium of a Country

Question 63

Multiple Choice

The figure given below shows the macroeconomic equilibrium of a country. Figure 10.7 The figure given below shows the macroeconomic equilibrium of a country. Figure 10.7   Given a potential GDP level of $3, 000, the recessionary gap in Figure 10.7 equals _____. A) $3, 000 B) $2, 500 C) $1, 500 D) $500 E) $100 Given a potential GDP level of $3, 000, the recessionary gap in Figure 10.7 equals _____.


A) $3, 000
B) $2, 500
C) $1, 500
D) $500
E) $100

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